Greaves held seven years at the company, and has had a career within the toy industry spanning over 40 years.

According to the company, Greaves has decided to spend more time on the golf course, since his departure in December.

Judith Stark, MD at Halilit, said: “Richard has been with us during a period of significant change and growth, and the office will definitely not be the same without him.

“He is well known throughout the industry having spent many years with Brio prior to joining us, and we are sure that his many friends within the industry will join us in wishing him well in his retirement."